The government may have to borrow large amounts of money to meet the cost of a no-deal Brexit.
Despite that, the Finance Minister has said tax cuts could still go ahead if the UK crashes out. Paschal Donohoe announced the Summer Economic Statement this week, which sets out the budget plans for a hard and soft Brexit, and the challenges the Government will have to prepare for.
Dr Micheál Collins Assistant Professor of Social Policy at School of Social Policy, Social Work and Social Justice from Ennis who works at UCD joined Pat to discuss this in further detail about how it will effect our economy.
